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2440 Arizona Avenue

Santa Monica, CA 90404
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Bed 4

Bed

Bath 4

Bath

SqFt2,644

Sqft

SqFt5,198

Sqft(Lot)

We are pleased to present 2440 Arizona Avenue, a 4-unitmultifamily property located in the highly sought-after city of Santa Monica. Built in 1951, the property offers approximately 2,644 square feet of rentable living area on a 5,198-square-foot lot, presenting investors with a rare opportunity to acquire a well-located asset in one of Los Angeles County's most desirable coastal rental markets. The property features an attractive unit mix consisting of three 1-bedroom/1-bath units and one 1-bedroom/1-bath unit with a private yard, appealing to a broad tenant base seeking the lifestyle andconvenience that Santa Monica has to offer.The building showcases the charm and character of classic post-war construction while offering significant flexibility for both investors and owner-users. The pr operty will be delivered with two vacant units, including one with a private yard, creating immediate occupancy and value-add potential. Additional amenities includea laundry room, shared backyard, and detached garages with alley access. Investors may also explore thepotential for an ADU addition, subject to buyer verification, further enhancing future income and overallproperty value.2440 Arizona Avenue benefits from an exceptional location in the heart of Santa Monica, placing residentswithin close proximity to major employment centers along the Westside, including Silicon Beach, DowntownSanta Monica, UCLA, and numerous technology, healthcare, and creative firms throughout the region. Theproperty is conveniently located near McKinley Elementary School, within walking distance of St. John's Hospitaland UCLA Medical Center Santa Monica, and approximately two miles from the beaches and Third StreetPromenade. Surrounded by premier dining, shopping, and entertainment destinations, this well-positioned assetoffers stable in-place income, strong long-term tenant demand, and the potential for continued appreciation inone of Southern California's premier multifamily investment markets.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,795,000

AD Id : 91180327

MLS Id : 26987185

Beds : 4

Lot Size : 5,198 Sqft

Living Area Size : 2,644

Year Built : 1951

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 4

  • Building Information

    Year Built: 1951
    Building Area Total: 2644
    Stories: 2
    Private Pool: No

  • Lot Information

    Main Square Feet: 5198 Lot Size Acres: 0.1193 Lot Size Square Feet: 5,198

  • Listing Price Information

    Listing Price: $1795000

  • Tax Information

    Parcel Number: 4276022029

  • Parking Information

    Parking Total: 4

  • Location Information

    Direction: Convenient Santa Monica location just north of I-10, with quick access via Cloverfield Blvd and easy connectivity to Downtown Santa Monica, Santa Monica College, and the Expo Line.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3117 Virginia Avenue, Santa Monica, CA, 90404 $1,550,000 5 5 1,787 6,485 Sqft
3037 Delaware Avenue, Santa Monica, CA, 90404 $2,049,000 3 2 1,276 6,499 Sqft
2903 Delaware Avenue, Santa Monica, CA, 90404 $1,995,000 3 3 2,098 6,529 Sqft
1630 Franklin Street, Santa Monica, CA, 90404 $1,995,000 5 3 1,892 5,235 Sqft
1626 Franklin Street, Santa Monica, CA, 90404 $2,570,000 3 3 1,576 5,389 Sqft
2817 Virginia Avenue, Santa Monica, CA, 90404 $2,099,000 4 4 2,132 6,503 Sqft
1453 Centinela Avenue, Santa Monica, CA, 90404 $1,995,000 6 4 2,723 7,568 Sqft
1507 Berkeley Street, Santa Monica, CA, 90404 $2,400,000 15 13 7,740 8,141 Sqft
1430 Franklin Street #A, Santa Monica, CA, 90404 $2,300,000 8 5 3,486 7,805 Sqft
1930 Stewart Street #X-7, Santa Monica, CA, 90404 $350,000 1 1 879 --

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/13/2026 @ 16:47

MLS: 26987185 LISTED BY: Michael Sterman, Marcus & Millichap 818-212-2700 SOURCE: CRMLS

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